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Bank Loans for Small Businesses.

Traditionally, banks are more conservative with their investment dollars. Unlike many venture capitalists or angel investors, they are far more likely to approve a loan for an established business over a startup or emerging company. This is largely due to the fact that they are investing the money of their depositors.

However, thanks to government agencies such as the Small Business Administration (SBA), which work with many banks, small business owners can get business loans from banks with a strong business plan and well-prepared business loan request. Moreover, banks are more likely to give modest-sized loans, whereas venture capitalists are looking for much larger deals.

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Paymo: Harnessing a Global Mobile Payments Market

Paymo: Harnessing a Global Mobile Payments Market
The global economy is changing. For many consumers, the credit card crunch is crumbling their ability to buy things online. In many countries outside the U.S., consumers do not have credit cards but rely instead on smart cards to swipe transactions directly through their banks. [More...]

Does Oracle's Sun Deal Mean Dark Clouds for Big Blue?

Does Oracle's Sun Deal Mean Dark Clouds for Big Blue?

If it goes through without a hitch, Oracle's purchase of Sun Microsystems, announced Monday, could fill significant gaps in the database vendor's offerings. In addition to getting technologies in hot areas such as virtualization and cloud computing, Oracle will get access to patents that could prove to be cash cows. Sun's MySQL open source database and its strong services and support organizations will also help lengthen Oracle's reach. Taken together, Sun's technologies and capabilities could make Oracle even more of a threat to IBM. [More...]

U.S. Economy > Labor

U.S. Economy > Labor:

About 146 million people in the United States were working in paid jobs at the end of 2006, with another 7 million unemployed; the 153 million total makes up the world's third largest labor force, after China's and India's. Nearly two-thirds of U.S. working-age people participate in the labor force. Males and females each account for about half. About 15 percent of them are foreign born. Some 5 to 6 percent of them work more than one job.

The private sector employs most U.S. workers, 85.5 percent, and governments employ the rest. A lot of people are self-employed, more than 10 million in 2005, although some of them split their time between working for other people and for themselves. Most working people work for someone else in nearly 6 million U.S. companies. Most of these companies have fewer than 20 employees. More ......

Foreign Trade

Foreign Trade

U.S. foreign trade and global economic policies have changed direction dramatically during the more than two centuries that the United States has been a country. In the early days of the nation's history, government and business mostly concentrated on developing the domestic economy irrespective of what went on abroad. But since the Great Depression of the 1930s and World War II, the country generally has sought to reduce trade barriers and coordinate the world economic system. Americans are convinced that trade promotes economic growth, social stability, and democracy in individual countries and that it advances world prosperity, the rule of law, and peace in international relations. More>>>>